OREANDA-NEWS. On August 05, 2008 The Government has granted assistance to the flood suffered regions of Ukraine which means a total-lot compensation for losses damaged by the disaster. Prime Minister of Ukraine Yulia Tymoshenko disclosed this today at the meeting on regulation of the grain market situation. She added that this assistance is irrevocable.

Moreover, the PM informed that today among the CIS countries Ukraine has one of the most powerful budgets which provides for significant financial support for agro-industrial complex. Yulia Tymoshenko told that the Government had envisaged in the 2008 State Budget 8.3 billion UAH for all agrarian programs. The PM noted that this is a sizeable sum which is 1.6fold more as against the previous year. “This is one of the most powerful resources within the CIS area,” the Head of Government noted.

Yulia Tymoshenko told that positive improvement in the agrarian development had been also noted by ministers of agrarian policy of Russia and Belarus as well, in particular, emphasizing that the Ukrainian State Budget, after amendments at the Parliament’s special session, is one of the most powerful budgets for agrarians.
 
At the same time, according to the Prime Minister, this year's budget of the Agrarian Fund, which amounts to 1 billion 250 million UAH, is 6-fold more as compared with the previous year and for reduction of prices for agrarian credits the budget allocates 1.1 billion UAH that is  twofold more as against 2007.